€ 725,000
Apartment for sale in Casco Antiguo, Marbella, Málaga
- 69 m2
- 1
- 1
Description
Frontline Duplex with Double-Height Ceilings and Panoramic Views – Skol Building, Marbella Center
For those who know Marbella, the Skol Building is the heart of the Promenade (Paseo Marítimo). This duplex is not just an apartment; it is a rare architectural feature with a specific orientation and expansion potential.
A Unique Architectural Design
The defining feature of this property is the double-height ceiling in the living area. This architectural detail is uncommon in frontline Marbella, creating a sense of volume and grandeur. Combined with floor-to-ceiling windows, the space is flooded with natural light and elegance.
From the main floor and its 7 m² terrace, the Mediterranean coastline unfolds before you: direct views of the gardens, the pools, and the silhouettes of Gibraltar and Africa on the horizon. Situated on a high floor, both privacy and breathtaking views are ensured.
Layout and Expansion Potential
The property offers versatility, allowing an owner or investor to optimize the space:
Main Floor: A bright living area with an open-plan kitchen, designed to enjoy sea breezes under the soaring double-height ceiling.
Upper Floor: Currently configured as a diaphanous mezzanine bedroom with an en-suite bathroom.
Optimization Project: Due to the building’s structure, there is a technical possibility to extend the upper floor flooring to close the double-height void. This conversion would add a complete second bedroom, allowing both rooms to retain panoramic sea views. This could increase the property’s market value and rental yield.
Lifestyle and Amenities
Living at the Skol means direct access to the beach and the Promenade from the communal gardens. The complex offers:
24-hour reception and security.
Two large swimming pools and extensive landscaped gardens.
A private poolside bar (chiringuito) within the urbanization.
Prime Location: Surrounded by the city’s finest restaurants and luxury boutiques, and just 100 meters from the Marina (Puerto Deportivo). A car is optional, though underground parking is available directly across the street.
A Secure and Profitable Investment
Estimated gross return between 8% and 11% annually, driven by exceptionally high holiday rental demand (80% average occupancy).
Community fee of €180/month includes water and the first 685 kW of electricity, which may support net profit margins.
Frontline property in Marbella Center is described as a resilient asset with historical capital appreciation between 5% and 7% per year.
The Skol Building is presented as a proven income generator and a hallmark of the Marbella lifestyle.
Features
- Apartment
- Bedrooms: 1
- Bathrooms: 1
- Build Size: 69 m2
- Energy Efficiency Rating: In Progress